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    N Center Ave Somerset, PA 15501

    For Sale
    Contact for pricing

    10.3 acres at signalized intersection, ideal for development.

    Property size:
    10 SF
    Lot size:
    10.30 Acres

    Property Features for N Center Ave

    General Information

    Size
    10 SF
    Lot size
    10.30 Acres

    Source: Dana Grau, SIOR, CCIM Agent Dana Grau, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This 10.3-acre property, comprised of two parcels, is located at a signalized intersection on N Center Ave (PA-601) in Somerset Township, Somerset County. The site benefits from high visibility with a traffic count of 17,151 ADT along PA-601 and US-219. The location offers convenient access, situated 1 minute (0.8 miles) from US Route 219 North/South and 9 minutes (3.0 miles) from I-76 East/West (PA Turnpike). Water, sewer, gas, and electric utilities are either available on-site or nearby. The property is suitable for retail or other commercial development due to its location along a major retail corridor. As of July 31, 2024, the zoning is listed as no zoning. The parcel IDs are S42-003-120-00 (1.6924 acres) and S42-003-127-00 (8.612 acres).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Somerset
    County
    Somerset
    State
    Pennsylvania
    Longitude
    -79.078366
    Latitude
    40.008816

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    FAQs

    What type of property is this?
    Land - 10.3 acres at signalized intersection, ideal for development.
    Where is this land located?
    The property is located at N Center Ave Somerset, PA.
    What are key features of this property?
    This property features: - High-traffic location at a signalized intersection on N Center Ave (PA-601) with 17,151 ADT, offering excellent visibility.; - 10.3 acres across two parcels, suitable for large-scale development.; - Located in a major retail corridor in Somerset Township.
    (412) 512-3737
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    N Center Ave Somerset, PA 15501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N Center Ave Somerset, PA 15501
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